Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) Sees Significant Drop in Short Interest

Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 26,399 shares, a decrease of 69.4% from the July 15th total of 86,235 shares. Based on an average daily trading volume, of 566,352 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the company’s stock are sold short.

Simplify Short Term Treasury Futures Strategy ETF Trading Down 0.2%

NYSEARCA:TUA traded down $0.04 during trading hours on Friday, reaching $20.47. 58,879 shares of the stock were exchanged, compared to its average volume of 427,624. The firm has a 50 day simple moving average of $20.38 and a 200-day simple moving average of $20.94. Simplify Short Term Treasury Futures Strategy ETF has a 52 week low of $20.04 and a 52 week high of $22.31.

Hedge Funds Weigh In On Simplify Short Term Treasury Futures Strategy ETF

Several large investors have recently added to or reduced their stakes in TUA. Capstone Wealth Management Group LLC bought a new stake in Simplify Short Term Treasury Futures Strategy ETF during the first quarter valued at $3,330,000. Geneos Wealth Management Inc. bought a new position in shares of Simplify Short Term Treasury Futures Strategy ETF in the 1st quarter worth about $50,000. JPMorgan Chase & Co. lifted its position in shares of Simplify Short Term Treasury Futures Strategy ETF by 105,850.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 10,595 shares of the company’s stock worth $233,000 after buying an additional 10,585 shares during the last quarter. Group One Trading LLC boosted its holdings in shares of Simplify Short Term Treasury Futures Strategy ETF by 147.0% in the 2nd quarter. Group One Trading LLC now owns 47,383 shares of the company’s stock valued at $1,044,000 after buying an additional 28,196 shares during the period. Finally, IHT Wealth Management LLC boosted its holdings in shares of Simplify Short Term Treasury Futures Strategy ETF by 3.6% in the 2nd quarter. IHT Wealth Management LLC now owns 54,788 shares of the company’s stock valued at $1,207,000 after buying an additional 1,895 shares during the period.

About Simplify Short Term Treasury Futures Strategy ETF

The Simplify Short Term Treasury Futures Strategy ETF (TUA) is an exchange-traded fund that is based on the ICE US Treasury 7-10 Year Bond index. The fund seeks to match or outperform an intermediate-term US Treasury index for a calendar quarter, through an actively managed portfolio of futures, call and put options on US treasury futures, US government securities, and ETFs. TUA was launched on Nov 14, 2022 and is managed by Simplify.